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Karora Resources Inc T.KRR

Alternate Symbol(s):  KRRGF

Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company’s portfolio includes the Beta Hunt Underground Mine, Higginsville Gold Operations and Lakewood Mill. It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south of the Beta Hunt Mine in Higginsville, Western Australia. HGO has a mineral gold resource and reserve and prospective land package totaling approximately 1,900 square kilometers. The operation includes a 1.6 million tons per annum (Mtpa) processing plant, 192 mining tenements, including the Aquarius, Hidden Secret, Mousehollow, Two Boys, Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge and Mount Henry deposits. The Lakewood Gold Mill is located just outside Kalgoorlie, Western Australia and approximately 60 kilometers from the Beta Hunt Mine, has a processing capacity of 1.0 Mtpa.


TSX:KRR - Post by User

Post by MaterialsManon Mar 29, 2023 5:39pm
413 Views
Post# 35367925

It may have begun

It may have begunPretty good article on Kitco regarding BRICS and de-dollarization. Appears that the first major commodities trade (this one involved China and France) was settled in other than dollars. That of course does not include Russia. They are not allowed. Interesting factoid:An ex U.S financial bigwig was actually responsible for coining (no pun intended) the BRICS acronym. He is supposedly a strong proponent of other currencies being used for trade. Says using dollars only just ain't right. The most important revelation, even though it is being talked about, involves the important part that gold is expected to play as the situation evolves. Stay tuned.
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